NASA is taking steps to prepare for future long-term occupation on the Moon by seeking input from the lunar and scientific communities on ways to convert lunar soil and other naturally-occurring compounds into oxygen. The nation’s leading space organization made an announcement Monday asking for input on In-situ Resource Utilization... Read more
The Canada Senate Subcommittee on Veterans Affairs held a press conference on Nov. 8 to talk about its newest report on psychedelic-assisted therapy. Entitled “The Time is Now: Granting equitable access to psychedelic-assisted therapies,” the report calls for “immediately launch and fund a large-scale research program on psychedelic-assisted psychotherapy... Read more
Researchers in Italy have found evidence that cannabis was used by residents of Milan hundreds of years ago by studying bones from a 17th-century cemetery. In a report on the research, the scientists surmise that weed was likely used recreationally, noting that hospital records from the time do not... Read more
Curaleaf Reports Third Quarter 2023 Results Third quarter 2023 revenue of $333 million excluding $3.5 million from discontinued operations, representing an increase of 2% year-over-year, and adjusted EBITDA¹ of $75 million Third quarter 2023 operating cash flow from continuing operations of $47 million and free cash flow from continuing... Read more
Last evening, voters in Ohio approved a ballot proposal, Issue 2, to legalize adult-use cannabis, trouncing voters in opposition to the measure. Last night’s outcome makes Ohio the 24th state to allow adult-cannabis, 14 of which have done so by way of a public vote. Per the new legislation,... Read more
A group of Alaska hemp growers and manufacturers has filed a lawsuit against the state challenging its new hemp regulations, arguing that they are unconstitutional and contrary to federal law. The new rules, which were approved in October and went into effect last week, are designed to regulate intoxicating... Read more
A new Gallup poll published on November 8 showed that opinions on legalization are at an all-time high in the U.S. An estimated 68% of Americans, or seven out of every 10 individuals, said “yes” to the poll questions, “Do you think the use of marijuana should be legal,... Read more
A reader on Twitter recently complained that an earlier article referred to the candidates as “losers,” so I’m curious to know how that reader reacted to Vivek Ramaswamay’s opening remark at the GOP primary debate in Miami which used that same word to refer to the modern Republican party.... Read more
Green Thumb Industries Reports Third Quarter 2023 Results CHICAGO and VANCOUVER, British Columbia, Nov. 08, 2023 (GLOBE NEWSWIRE) — Green Thumb Industries Inc. (“Green Thumb” or the “Company”) (CSE: GTII) (OTCQX: GTBIF), a leading national cannabis consumer packaged goods company and owner of RISE Dispensaries, today reported its financial... Read more
Generated cash flow from operations of $93 million and free cash flow of $87 million Reduced debt with purchase of $57 million of 2026 notes and announced redemption of $130 million of 2024 notes, resulting in $20 million in interest savings through maturity Expect 2023 operating cash flow of... Read more
